Our solutions

Investment Funds

© Charles Tanning
© Charles Tanning

Support for private equity investment

Proparco invests in private equity and venture capital funds that support SMEs and start-ups with strong development impacts.

Our network comprises over twenty funds targeting SMEs and start-ups in Africa and covers a wide range of sectors and countries. Our partners’ local base and expertise provide real added value in effectively supporting companies at all stages of their development.

Key figures

€

EUR 1bn of equity

committed to invest in SMEs by 2022

See and/or download documents

See more documents
See less documents

Our financing solutions

Fonds capital risque

  • Proparco invests in Venture Capital funds supporting the emerging startup scene of the African continent. Our commitment sizes for VC funds range from approximately $3M to $7M. Proparco backs funds investing at all stages, from seed/pre-seed rounds to larger Series C rounds, and seeks to support the funds investing in startup providing innovative solution to enable access to essential goods and services. We prioritize teams with a proven track record of investing in startups, and which demonstrate their ability to provide support and expertize to their portfolio companies.
  • The VC funds in which Proparco typically invests deploy initial ticket sizes of $0.5 – 5M. Proparco also has direct equity investing capabilities and is keen to consider coinvestment opportunities with its VC partners.

Development Capital funds

  • Proparco is an investor in SME-focused private equity investment funds across the African continent. Our commitment sizes for funds in the SME-investing space range from approximately $5m to $20m.
  • Proparco backs funds transacting in a broad range of economic segments including the manufacturing and services industries and takes a particular interest in supporting funds targeting exposure to high social impact sectors (e.g. agriculture, healthcare and education) and businesses with the potential for significant local job creation. We prioritize investment strategies that seek to deploy a large portion of growth capital (via both equity and quasi-equity instruments) and have a strong focus on operational value creation. The funds in which Proparco typically invests target portfolio company ticket sizes of $1 – 20m. For larger transactions Proparco also has direct equity investing capabilities and is keen to consider coinvestment opportunities with its fund management partners.

ARIZ Equity Guarantee

  • AFD offers an ARIZ guarantee to investment funds that finance Social Businesses. It covers up to 50% of their equity or quasi-equity investments in these companies.

Find out more with an example

Our support and advisory solutions

Technical and strategic assistance

Capacity building and advisory services
  • Alongside its financial tools, Proparco can delegate a technical assistance (TA) budget to its client investment funds. The investment funds can then provide their underlying companies with support to improve their performance in various areas (management, HR, finance, marketing) and strengthen their environmental and social impact (implementation of control systems and E&S plans).

Our emblematic projects

Country

Investment type

Our news

Sanergy : toilets in Nairobi’s slums

Read more
October 15 2015